Top Hollywood Entertainment Execs Step Down as Gallery Steps In3 May, 2005 By: Holly J. Wagner
Movie Gallery is wasting no time transitioning to its new status as the nation's second-largest video specialty dealer, starting at the top with the exit of a couple of top Hollywood Video executives.
Bruce Giesbrecht departed his post as CEO and president of Hollywood Entertainment Corp., and Randall Baumberger, formerly president of Hollywood's Game Crazy stores, will also step down immediately.
Lawrence Plotnick, formerly Hollywood's SVP of store operations, has been appointed EVP and COO of Hollywood Entertainment Corp. Plotnick will oversee all Hollywood Video and Game Crazy stores, and will report directly to Joe Malugen, chairman, CEO and president of both corporate entities.
“I am excited about combining these two great companies and look forward to a seamless integration,” Malugen said. “Together, we are well positioned for success in urban, suburban and rural markets.”